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Westbury Mixed-Use Property Fetches $3.55M – Long Island Business News

by NewsReporter
April 13, 2022
in Business
westbury-mixed-use-property-fetches-$3.55m-–-long-island-business-news
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157 161 Post Ave Westbury e1649787269597

157-161 Post Ave. Westbury / Google Maps image

By: David Winzelberg April 13, 2022

A mixed-use property in Westbury has sold for $3.55 million. 

Hicksville-based Lotus Management Group purchased the 14,565-square-foot building on .20 acres at 157-161 Post Ave. 

Built in 2016, the mixed-use building has 10 rental apartments over three retail spaces, all of which are fully occupied. 

Giuseppe Gregorio of NY Space Finders represented the buyer, as well as the seller, 157-161 Post Ave LLC, in the sales transaction. 

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